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HP Selects E2open as Platform for Global Supplier Collaboration

FOSTER CITY, Calif --(Business Wire)--

E2open
(NASDAQ: EOPN),
a leading provider of strategic, cloud-based solutions for collaborative
execution across global trading networks, today announced that HP (NYSE:
HPQ) has selected the E2open Business Network as one of the platforms
for consolidated global procurement. The cloud-based platform will be
used across all major HP product lines.

"The E2open platform will allow us to achieve greater centralized
procurement process efficiencies and help our suppliers reduce lead
times and inventory, thus enabling a lower cost to serve," said Tony
Prophet, Senior Vice President of Operations for HP.

E2open enables collaboration across purchase orders, sales orders,
inventory, and returns for both vendor-managed inventory (VMI) and
HP-owned inventory. By selecting E2open, HP will be able to flexibly
manage multiple methods of inventory management.

"When we learned that the majority of our trading partners were already
active on E2open's Business Network, the decision became much easier,"
said Pervinder Johar, Vice President of Global Supply Chain Systems for
HP. "We pln to use E2open's bi-directional, cloud-based platform so we
can connect and collaborate with our partners in real time."

"We are very excited to be working with HP, enabling their supply chain
transformation to the cloud," said Mark Woodward, President and CEO of
E2open. "By providing a single source of truth, HP and its trading
partners will be able to analyze real-time data across multiple tiers of
the supply chain and make better decisions based on better information."

More than 34,000 trading partners, with over 105,000 unique registered
users, currently participate in the E2open Business Network, which
allows participants to access and share data and execute business
processes in a secure, real-time manner. The E2open Business Network
also provides collaboration tools and analytics so that E2open customers
can make more informed and efficient decisions.

For more information on E2open, follow us on Twitter
at @E2open or visit us on Facebook.

About E2open

E2open is a leading provider of cloud-based, on-demand software
solutions enabling enterprises to procure, manufacture, sell, and
distribute products more efficiently through collaborative execution
across global trading networks. Brand owners use E2open solutions to
gain visibility into and control over their trading networks through the
real-time information, integrated business processes, and advanced
analytics that E2open provides. E2open customers include Celestica,
Cisco (News - Alert), Dell, HGST, HP, IBM, L'Oréal, LSI, Motorola Solutions, Seagate,
and Vodafone. E2open is headquartered in Foster City, California with
operations worldwide. For more information, visit http://www.e2open.com.

About HP

HP creates new possibilities for technology to have a meaningful impact
on people, businesses, governments and society. The world's largest
technology company, HP brings together a portfolio that spans printing,
personal computing, software, services and IT infrastructure to solve
customer problems. More information about HP is available at http://www.hp.com.